Today was a big day for our economy, as first quarter Gross Domestic Product (GDP) was released, and the headline is very bad: US economic growth declined for the first time since 2022. Expectations ...

As Splinter’s resident Cassandra, I must admit to some satisfaction at seeing my many prophecies of doom which began the day after the election having some level of justification to them. To be clear, ...

Unless the red flags signaling a recession become more pronounced, it probably won’t be clear whether the United States is in a recession until July. A recession requires at least two quarters of ...

The US Bureau of Economic Analysis estimated that real GDP contracted at an annualized rate of 0.3 percent in Q1 2025, the first negative reading since Q1 2022. The April 29 GDPNow nowcasts were well ...

The tariff file has caused a high level of uncertainty both for consumers and businesses. As a result, all it took was the lifting of that uncertainty, via the 90-day suspension of higher tariffs, for ...

The UK’s GDP year-over-year growth remained unchanged at 1.1%, matching the previous period’s figure. This stability indicates a pause in economic ...